So what happens when I'm out of conventionals?

[Luke Carl]

I'm long since out of conventionals. Wifey is about to run out. I'm so sick of logging into all these different mortgage sites on a daily basis to get info for book keepers and CPAs and for new loans.

What happens next? Do I take all of these loans to small banks and ask them if they want to roll them all into one loan? Will that get me higher rates and worse terms? Will that make it easier for me to continue to get loans? Would be nice to get these things out of my name. Ok one more question... Why did I pay all these closing costs?? LOL. 

Thanks for your help! 

[Chris Mason]

Originally posted by @Luke Carl:

I'm long since out of conventionals. Wifey is about to run out. I'm so sick of logging into all these different mortgage sites on a daily basis to get info for book keepers and CPAs and for new loans.

What happens next? Do I take all of these loans to small banks and ask them if they want to roll them all into one loan? Will that get me higher rates and worse terms? Will that make it easier for me to continue to get loans? Would be nice to get these things out of my name. Ok one more question... Why did I pay all these closing costs?? LOL. 

Thanks for your help! 

 Max out your wife if what you've got going works for you, by all means, but start thinking bigger too. Start thinking of apartment complexes. Start thinking of automating/delegating the day-to-day stuff so you can spend more time with your family. Start thinking about the highest and best use of your time. Is the highest and best use of your time REALLY talking to Johnny Dumbeldorf about "working with him" on this month's rent on a PER UNIT basis? 

I know you asked a mortgage question, but this sounds like it's hinting at bigger questions that are wrapped in with it.

EDIT: Oh, you're doing the airbnb thing, self managed. Start thinking about EITHER delegating all that self-managed stuff, OR start thinking about really going deep on doing short-term rental property management. Pick one. Scale in one direction, or the other, but stop personally changing sheets either way. Adam Smith and specialization. My $0.02.